To date, it has become known that American financial regulators have launched a joint investigation into the case of the ruined cryptocurrency hedge fund Three Arrows Capital (3AC).

The CFTC and SEC commissions are investigating whether an attempt to deceive investors was in this fund. They are trying to understand if the lack of registration with the CFTC and SEC was deliberate in order to deceive investors into investing.

Recall that the cryptocurrency hedge fund Three Arrows Capital filed for bankruptcy in the summer of 2022. The company's executives explained this move by "extremely strong fluctuations in the cryptocurrency market." In addition, ZAS lost a lot of money when the Terra USD stablecoin collapsed, as well as the entire Terra ecosystem.

Lawyers believe that the founders of 3AS do not want to cooperate with the Commodity Futures Trading Commission (CFTC) and the US SEC Commission. Also, there is a suspicion that Su Zhu and Kyle Davis escaped, as it is not known where they are.